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I hold 100k shares which is my core and free shares. I agree about it being undervalued but in pinkville one must slways be prudent. Play with house money.
lol....I get a kick out of everybody.......no one cares about the co.....I believe in the co and I buy and hold.....this is why the big guys can play you and so easy...you are predictable.....ah heck forget about it....do what you want.....gl
I sold half and am looking to repurchase when RSI resets. It is dangerous to be 100% out in my opinion. I am looking to re enter at the weekly middle bb
Dolphin what is your professional opinion on a pull back level so I can buy in again.
Will it stay above your 200ma
Do you see low .60s as resistance?
HIGHLIGHTS:company intends to sponsor one SPAC investment in each quarter of 2022.
The transaction will provide for a dividend of $1.75 of WDHI shares for every one share of HNRC held by the shareholder on the record date. Third quarter
The company expects to realize at least $3m on each of its SPAC investments to be added to its existing earnings in 2022 and 2023. This could provide shareholders with more than $0.30c per share in annual dividends.
The company is evaluating sponsoring other energy focused SPACS, including traditional oil and gas, renewable energy and waste to energy opportunities.
wow a million already
It is trading above the 200 day sma for the first time ever.
2017 thanks again for your history, enjoyed the read,
problem is most of the penny market is made up of companies & people who will not do anything successful with the company stock, many times it does not matter if it is real, goal is to play to make money,
so he runs a scam for a couple years as long as the penny holder is able make money. Unfortunately some people get caught in the hype instead of playing the hype.
Please offer your opinion on this, I see the thing working against frank now is there is a low float so as people jump in the stock it is going to go up. If he sells with this low float, as Dolphin said the stock is Quickly retreating. He will be limited in the amount of shares he can sell. He really needs more liquidity/more shares out there.
Which is why he is going to distribute more share.
I would also expect more acquisitions with shares.
If frank was smart in a good way, wanted to build a company, he would try to keep the stock price up, but as you've said, he is not a good person so expect the stock sales.
Knowing this the goal will be to play this one to ride the hype up and sell as frank would.
Again, appreciate your feedback based on your experience with frank & the markets
50 cents!! more and more people seeing the news of the spinoff
BIG GREEN so far today...keep it rolling
almost 50 cents!
great stuff
yesss I was thinking beginning of August maybe something comes out
last news was 7/6 so maybe in a week or two we get the ex div date..looking real good again today..
100k volume in opening 4 minutes
price jump with it
nice to see 46 cents again
What are you implying? Not sure what you mean....the correct move here imo is if you were underwater, you got lucky and got out while the pps spiked. I still stand by my assessment that the divy frankie is dangling to shareholders will be shares in something that will never be tradable. Time will tell of course. Good luck to everyone here! I'm just your average penny player here like the majority of ppl. I've just been around long enough to know and remember how kristin plays the game. Take or leave my opinion for what it is.
Good chance we see some news here in the coming week or so
ex dividend announcement should also be right around the corner as we are to get that before sept 30th
good stuff
Makin more GREEN
Going to be a huge day today imo..ask already bumping up.
Your move HNRC
what are we doing?
I can see some selling, but not massive dumping for awhile..too much GREEN still to come..word just starting to get out...
@Penny2017investor: VERY GOOD NEWS...NOT!!!! 2013!!!!
ASCM is in trouble.Same MM is getting it in the shorts at axxa
HOD close.Tomorrow is going to be good.Squeeze.
Been here awhile i have seen the games on Level II.
i was wondering that as well. it's going up because they aren't dumping shares. (that combined with the huge short position on the company) if they actually stop and be on the investors side (by not dumping) this can go back to $1 + easily.
at some point they would slow down or stop .... maybe we're finally at that point?
we won't know until we do lol
sounds like we need to start commenting then :)
ended on a day high. good stuff
1.8m volume yesterday
over 1m today
It is now running. Up 200% from bottom.
What is the chance that they let this run before they dump shares?
2017 thanks for the long review, With your info its surprising someone isnt banned? do you have any more for the early part of this houston venture? Interested in learning more about this current project frank has. I am willing to ride a wave for a while so I appreciate any more you can add so I can determine when to leave this one.
I like how he has named variety of subsidiaries & LLC and then connected them all so people will have a difficult time determining value or where money/revenue is coming from.
How does he get away with putting the OTC Disclosures out? Did Dolphin say they were audited?
Puzzling part is the low number of shares outstanding. Usually there is a high number already in the market, this is still small. Was there a reverse in the past?
I see the big AS, When will he start diluting?
So when do you think this will be exposed or I think he can keep this going for a while. With only 17/30 million shares this can go up real easy.
I like to plan my exit ahead of time, thanks again
nice close today...let's keep rolling green
The company is anticipating an initial trading price of $5.00 per share to provide for the Company to list on a major exchange and receive additional capital. The transaction will provide for a dividend of $1.75 of WDHI shares for every one share of HNRC held by the shareholder on the record date.
https://finance.yahoo.com/news/hnrc-spin-off-non-energy-145800378.html
Houston Natural Resources Corp. (OTC: HNRC) ("HNRC or the Company") announced today that it will spin off its non-energy assets to its wholly owned subsidiary ...
No. You will receive spin off shares. There is no way of knowing what the market value will be. They value it at $1.75 based on book value but HNRC has book value of $3.00 and is selling at .40.
@Crawfors:That means nothing, only has to do with the number of comments!
Folks just now hearing about it...small SS, this is going to breakout huge!
Breakout boards are a function of the change in post volume. Stock price movement does not matter.
why is this not on the breakout board?
@TGOO: So HNRC shares currently at $0.35 will be worth $1.75 after the div?
No, for every share you have up to and including the record date (September 30 at the latest, so in the third quarter) you will receive $1.75 dividend!!!
record earnings of 8 cents trading at 1 pe with bunch of bonuses coming. $4 value
!!! :) good stuff
nice .. id rather buy 30s than 70s
Just picked up 5,800 @.37
So HNRC shares currently at $0.35 will be worth $1.75 after the div?
I can't believe I posted this only 8 days ago:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169432245
HNRC REPORTS RECORD RESULTS FOR PERIOD ENDING MARCH 31, 2022
https://www.prnewswire.com/news-releases/hnrc-reports-record-results-for-period-ending-march-31-2022-301535722.html
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